VAPStat Joint Meeting

514 W. Liberty Street Louisville Metro Government Louisville, KY 40202 Agenda - Final VAPStat Joint Meeting Monday, February 10, 2020 3:00 PM Old Jail Auditorium MEETING CONDUCTED SOLELY FOR THE LANDBANK AUTHORITY. Welcome and Introductions Vacant and Abandoned Property Statistics Feb 10, 2020 LouieStat KPIs Attachments: VAPStat KPI Report 2.10.2020.pdf Louisville & Jefferson County Landbank Authority, Inc. Roll Call Approval of Minutes LBA Minutes of Jan 13, 2020 Attachments: VAPStat_JointMtg_LBA_Minutes_01_13_2020.docx Annual Report Presentation New Business Louisville Metro Government Page 1 Printed on 2/7/2020 VAPStat Joint Meeting Agenda - Final February 10, 2020 LBA Res 9, Series 2020 Location: 812 South 35th Street 40211 Parcel ID: 043G-0096-0000 Requestor: Office of Community Development Staff Project Type: REO Acquisition Request Seller: Community Restoration Corporation Purchase Price: $1.00 PVA Value: $34,890.00 Case Manager: Linette Huelsman Summary: Staff is recommending approval to purchase the above parcel for the purchase price of $1.00. Once acquired, the structure situated on the parcel will be demolished using the $15,000 donated by the Seller. The parcel will then be sold to a qualified applicant through one of the four (4) disposition programs for vacant land. Attachments: Resolution No. 9 Series 2020 - REO Acq 812 S 35th St.doc LBA Res 10, Series 2020 Location: 624 South 22nd Street 40211 Parcel ID: 001C-0042-0000 Applicant: Jorge Gonzalez Disposition Program: Request for Proposals Sale Price: $2,020.23 Project Type: Rehabilitation of Single-Family Residence Project Timeframe: Six (6) months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Request for Proposals” disposition program. Summary: Jorge Gonzalez is the winning applicant for the property located at 624 South 22nd Street, offered through the Landbank’s January 2020 RFP program. Applicant plans to spend $51,650 to rehab the property and rent it to a qualified tenant. Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens. Attachments: Resolution No. 10 Series 2020 - 624 S 22nd St RFP.doc LBA Res 11, Series 2020 Location: 651 South 41st Street 40211 Parcel ID: 006E-0176-0000 Applicant: All My Assets, LLC Disposition Program: Request for Proposals Sale Price: $3,800.00 Project Type: Rehabilitation of Single-Family Residence Project Timeframe: Six (6) months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Request for Proposals” disposition program. Summary: All My Assets, LLC is the winning applicant for the property located at 651 South 41 Street, offered through the Landbank’s January 2020 RFP program. Applicant plans to spend $84,600 to rehab the structure and then sell it to a qualified buyer. Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens. Attachments: Resolution No. 11 Series 2020 - 651 S 41st St RFP.doc Louisville Metro Government Page 2 Printed on 2/7/2020 VAPStat Joint Meeting Agenda - Final February 10, 2020 LBA Res 12, Series 2020 Location: 2101 Date Street 40210 Parcel ID: 038B-0145-0000 Applicants: Clemons Builders, LLC and Jewel Homes LTD. CO. Disposition Program: Request for Proposals Sale Price: $3,135.00 Project Type: Rehabilitation of Single-Family Residence Project Timeframe: Six (6) months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Request for Proposals” disposition program. Summary: Clemons Builders, LLC and Jewel Homes LTD. CO. are the winning applicants for the property located at 2101 Date Street, offered through the Landbank’s January 2020 RFP program. Applicants plan to spend $46,683 to rehab the structure and then sell to a qualified buyer. Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens. Attachments: Resolution No. 12 Series 2020 - 2101 Date St RFP.doc LBA Res 13, Series 2020 Location: 2219 Woodland Avenue 40210 Parcel ID: 041B-0034-0000 Applicant: Quentin Stokes Disposition Program: Request for Proposals Sale Price: $1,050.00 Project Type: Rehabilitation of Single-Family Residence Project Timeframe: Six (6) months or less Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Request for Proposals” disposition program. Summary: Quentin Stokes is the winning applicant for the property located at 2219 Woodland Avenue, offered through the Landbank’s January 2020 RFP program. Applicant plans to spend $44,750 to rehab the structure and then be its owner-occupant. Proof of funds for the sale price and rehab costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens. Attachments: Resolution No. 13 Series 2020 - 2219 Woodland Ave RFP.doc Louisville Metro Government Page 3 Printed on 2/7/2020 VAPStat Joint Meeting Agenda - Final February 10, 2020 LBA Res 14, Series 2020 Location: 1045 South Jackson Street 40203 Parcel ID: 022F-0056-0000 Applicant: Opportunity Louisville I, LLC Disposition Program: Budget Rate Policy for Agricultural/New Construction Projects Project Type: Single-Family New Construction Project Timeframe: 18 months Sale Price: $500.00 Funding Source: Private Funds Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the “Budget Rate” disposition program. Summary: Applicant is requesting to purchase this property to construct a single-family residence. Proof of funds for the sale price and development costs have been submitted by the compliant Applicant, owing no delinquent taxes or unpaid code enforcement fines/liens. Attachments: Resolution No. 14 Series 2020 - 1045 S Jackson St Budget Rate.doc LBA Res 15, Series 2020 Location: 2533 Elliott Avenue 40211 Parcel ID: 001G-0133-0000 Requestor: Office of Community Development Staff Project Type: Private Acquisition Request Seller: Link Real Estate Management, LLC Purchase Price: $38,000.00 PVA Value: $47,150.00 Case Manager: Linette Huelsman Summary: Staff is recommending approval to purchase the above parcel for the purchase price of $38,000.00 to enhance the redevelopment efforts taking place on the 2400-2500 blocks of Elliott Avenue The purchase will be contingent upon acceptable structural inspections and an appraised value that is comparable to the purchase price. Once acquired, the parcel will be sold through a Solicitation of Interest that involves various LBA acquisitions on Elliott Avenue. Attachments: Resolution No. 15 Series 2020 - Private Acq 2533 Elliott Ave.doc LBA Res 16, Series 2020 Location: 2440 Elliott Avenue 40211 Parcel ID: 001G-0081-0000 Requestor: Office of Community Development Staff Project Type: Private Acquisition Request Seller: Robert White Purchase Price: $19,995.00 PVA Value: $25,560.00 Case Manager: Linette Huelsman Summary: Staff is recommending approval to purchase the above parcel for the purchase price of $19,995.00 to enhance the redevelopment efforts taking place on the 2400-2500 blocks of Elliott Avenue The purchase will be contingent upon acceptable structural inspections and an appraised value that is comparable to the purchase price. Once acquired, the parcel will be sold through a Solicitation of Interest that involves various LBA acquisitions on Elliott Avenue. Attachments: Resolution No. 16 Series 2020 - Private Acq 2440 Elliott Ave.doc Louisville Metro Government Page 4 Printed on 2/7/2020 VAPStat Joint Meeting Agenda - Final February 10, 2020 LBA Res 17, Series 2020 Location(s): 2004 West Market Street 40203 and 2527 West Market Street 40212 Parcel IDs: 002E-0111-0000 and 003K-0009-0000 Applicant(s): Michael Simon and Daniel Parker Disposition Program: Adjacent Side Yard Sale Price: $1.00 Case Manager: Linette Huelsman Restrictions: Standard restrictions set within the Adjacent Side Yard disposition program. Summary: Applicants are requesting to purchase an adjacent LBA lot through the Side Yard program. Attachments: Resolution No. 17, Series 2020 - Side Yard Dispositions 02102020.doc Old Business Announcements Adjournment Closing Remarks Louisville Metro Government Page 5 Printed on 2/7/2020